CrediBULL Crypto|Aug 19, 2026 20:08
Significant short squeeze this morning on ETH, which we can tell based off the sharp drop in OI on this pop along with the larger relative spike on ETH perps vs ETH spot CVD.
Remains to be seen if we will see some bullish follow through to carry forward this momentum or if the short squeeze is all we are going to get for this rally.
Let's see how the dust settles over the coming hours/days.(CrediBULL Crypto)
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